Franchise expansion continues

RNS Number:8480Z
Bartercard plc
15 March 2006

Bartercard PLC
("Bartercard")



Franchise expansion continues
Aud $3 million in deals



Bartercard is pleased to announce a solid six months of franchise sales in its
100% owned UK and Australian operations



Over the last six months sales of new franchises, resales of existing franchises
and on sales of  established company owned operations has added revenues and
future growth potential to the group's network.



In Australia 5 sales since August, for a total of A$1.6 million will net
Bartercard A$766,000. The deals include the sale of one established company
owned operation in Brisbane, two new area sales and two resales of independently
owned franchises - one of which is a company in which Bartercard Director and
co-founder Andrew Federowsky is a silent partner.



In the UK 5 deals valued at # 524,000 (A$1.25 mil) will net #132,000
(A$317,000), and include the company reacquiring 3 franchise areas, the sale of
one new area and resale of another to an established franchisee.



In Australia, Bartercard has a developed network of 60 offices, of which 55 are
independently owned as franchisees. The UK operation has only 15 offices now of
which 5 are company owned, but it has the potential for over 150 franchises.
Progressing towards that target is the main focus of executive management this
year.



                                                                   15 March 2006



Enquiries:


Bartercard plc
Wayne Sharpe, Executive Chairman                         07909 975488

College Hill                                             020 7457 2020
Richard Pearson
Roddy Watt




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCSFWFDISMSELD

Bartercard (LSE:BRTR)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024